Forbes Names Vocus One of America's 25 Fastest-Growing Tech Companies for the Second Consecutive Year
Pioneer in Software-as-a-Service Recognized for its Continued Growth and Success
Lanham, MD Vocus) February 10, 2009 -- Vocus, Inc., (NASDAQ: VOCS) a leading provider of on-demand software for public relations management, today announced it has been named one of America's 25 Fastest Growing Tech Companies by Forbes, the world's leading business magazine, for the second year. Vocus is the 18th fastest growing tech company according to Forbes' list. The ranking identifies the top 25 technology companies that have shown significant sales growth over the last 5 years.
"We are excited to be included among Forbes' top technology growth companies," said Rick Rudman, chief executive officer at Vocus, Inc. "Recently announcing our 38th consecutive quarter of growth, this recognition further acknowledges our innovative SaaS model, talented employees and strong leadership."
To qualify, companies must have latest 12-month revenues of $25 million or more, annualized sales gains of at least 10% over the past five years and be profitable over the past 12 months. In addition, we require a Thomson IBES long-term consensus profit forecast of at least 10%, annualized. We also exclude companies with significant legal problems or with possible accounting or corporate governance issues, based on scoring data from Audit Integrity of Los Angeles.
Forbes is the publisher of Forbes, the nation's leading business magazine, and its international edition, Forbes Asia, which together reach a worldwide audience of nearly five million readers. Forbes.com is the company's Internet business, which is the homepage for the world's business leaders and the #1 business site on the Web. The company also publishes ForbesLife, the magazine's lifestyle publication.
About Vocus, Inc.
Vocus, Inc. (NASDAQ: VOCS) is a leading provider of on-demand software for public relations management. Our web-based software suite helps organizations of all sizes to fundamentally change the way they communicate with both the media and the public, optimizing their public relations and increasing their ability to measure its impact. Our on-demand software addresses the critical functions of public relations including media relations, news distribution and news monitoring. We deliver our solutions over the Internet using a secure, scalable application and system architecture, which allows our customers to eliminate expensive up-front hardware and software costs and to quickly deploy and adopt our on-demand software. Vocus is used by more than 3,300 organizations worldwide and is available in five languages. Vocus is based in Lanham, MD with offices in North America, Europe, and Asia. For more information please visit www.vocus.com or call 800.345.5572.
This release contains "forward-looking" statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "may," "will," "expects," "projects," "anticipates," "estimates," "believes," "intends," "plans," "should," "seeks," and similar expressions. Forward-looking statements involve known and unknown risks and uncertainties that may cause actual future results to differ materially from those projected or contemplated in the forward-looking statements. Forward-looking statements may be significantly impacted by certain risks and uncertainties described in Vocus' filings with the Securities and Exchange Commission.
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